A Personal finance blog for saving money and earning more and thus having a better life
Having a business of their own is everybody’s dream. But due to financial problems many people prefer to start a small business. Small business has many advantages such as it can be started on a part-time basis, with a small capital investment, in a small area and with less manpower.
But there are certain things one has to take into account while starting a small business or the business may suffer a great loss.
Are you trying to save money this holiday season? It may not be as easy as you think. Many people head into the holiday season with a plan to spend less money than the previous year and to be more careful about how much they spend. Here’s my other piece, 101 ideas for frugal Christmas gifts, this article is in continuation of that.
However, when January arrives, they quickly realize that they ended up spending more than they had anticipated. It really takes some planning and budgeting if you want to save money during the holiday, but it can be done. Here are some great tips to help you save money on all your holiday supplies.
The holidays cannot go by without purchasing at least a few gifts for those closest to you. The first thing you need to do is make a list of everyone you want to shop for, and then determine how much you are able to spend on each gift.
This post is geared for my Canadian readers. They have a special program, called RESP where individual can deposit money for their future need of child education. In US state govt. offer similar programs. Wish we had a child and we were saving for his/her education as we speak. But, readers if you live in Canada and are parent, this post may come in handy for you. Enjoy the post!
If you have children, the prospect of paying for their college education may seem overwhelming. So many students are now graduating from college with tens of thousands of dollars in debt from school loans, and it is natural to want to spare your children that sort of burden.
This guest post is geared for my Australian readers. Enjoy the post!
The below services are specific to Australian households but most developed countries have similar financial assistance through non-profits and government programs. Below is a good list to see what types of programs exist. The tips provided can be used anywhere.
If you are having trouble paying your utility bills each month, it may help to know that you are not alone. Many families across the country are dealing with the same issues, but there is help available. Not only are there several great thing you can do today to reduce your monthly fees, but there is governmental help available to help you if you have fallen behind on your bills. Below is a look some great tips and ideas for conserving water and energy, and where you can turn for help.
Like it or not, death is inevitable, with life insurance there is a protection against the loss of income that would result in case the person who is insured passed away. In this article I am not going to advice you about a mathematical formula to derive at your need. I’d only let you think about your need so that you can come up with the figure yourself. I’ll just outline the requirements for your calculation.
In basic financial planning, life insurance is of great importance. Figuring out exactly how much life insurance you need can be a daunting task, but it is one task that you need to tackle especially if you have dependents looking up to you. One of the basics your should look at while deciding upon your life insurance is to consider the standard of living that you want your beneficiaries to maintain in addition to your financial situation.
The services mentioned in this article are specific to Australians although most countries have similar services. This article should give you a good idea about similar services you should look for in your country if you live outside of Australia. This is a guest post, enjoy the post!
Elderly at work
Retirement can be difficult for many seniors, as they try to keep up with their financial responsibility with less income coming in. These problems become even more difficult for low-income seniors. It is crucial that you understand the different governmental benefits that are available to you, as you head into your retirement years.
Enjoy this yet another guest post from Bill Achola. This post is little less controversial than earlier post from Bill, reasons why I’ll not leave my Fortunes to my kids, this is about investment choices, enjoy the post!
Are you too old to invest? Or is there any age that is too old for investing money?
This post is just to show how with time our expenses increased. Definitely our income did increase as well. But just imagine if we didn’t have to pay money in those areas as I’ll describe to you – what wonder it could make to your finances. Suddenly your mortgage payment would look easier to make or your debt recovery would speed up!
Comparing things you do now and things your parents did when they were of your age, draw a huge distinction. Oftentimes, you may think that what you are doing is way cooler than what they did and vice verse, but ultimately, the perception of what was or is cool lies in the eyes of the beholder.
In the economic bust of 2008, we learned that easy credit is no way to stretch dwindling retirement funds. Many senior employees took early retirement trusting that their Market-dependent 401(k) would produce an income stream capable of sustaining their unexpected situation.
When it did not, they turned to credit hoping to make it through to better days. As a result they wound up first in bankruptcy, then homeless, and finally destitute. If they and their employers had utilized annuities instead of Market driven investments to create retirement income streams, then a lot of grief might have been avoided.
So, do you often feel depressed? Do you feel your life is boring? Do you think there’s lot less fun in your life than others? Well, most of us feel the same way. At least I do. To me it’s all about training your mind. You let your brain think you’re happy, automatically you feel happy. How to do it? Read this post which I wrote over many days and finally was able to give it a shape. I learned while writing this. I experimented with all the items and got positive result.
Living an almost routine life is certainly a very stressing and exhausting experience. Imagine living a life doing the same things again and again; wake up and do the usual things. Admittedly, when life is like this, your life becomes so monotonous, very predictable and you get bored and feel so helpless as you already know what’s in store for you the next day.